Industry


INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)

PROPOSED AMENDMENTS TO SIMPLIFY THE EQUITY MARGIN PROJECT

NOTICE OF WITHDRAWAL

IIROC has published a Notice withdrawing proposed amendments to Dealer Member Rule 100.2(f) to simplify the Equity Margin Project (the Proposed Amendments). The Proposed Amendments were published for public comment on May 1, 2009. See IIROC Rules Notice – Request for Comments – Proposed Amendments to Simplify the Equity Margin Project (2009), 32 OSCB 3848.

In light of concerns expressed by commenters regarding the potential industry impact, the passage of time, changes to the investment industry and other IIROC regulatory priorities, IIROC has decided to withdraw the Proposed Amendments.

A copy of the IIROC Notice is published on our website at http://www.osc.gov.on.ca.